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The hidden power of Unit Trusts in retirement planning

Sharing insights: Mahupela
Sharing insights: Mahupela

Have you ever considered whether your current financial plan will support your desired standard of living in retirement? Are you concerned that your existing retirement scheme may not be sufficient in fulfilling your future needs? Or, are you self-employed without a retirement plan in place? If any of these questions resonate with you, this article is a must-read.

Planning for retirement is a significant financial challenge that most Batswana face which often involves balancing the need for financial security in the future with the desire to enjoy life in the present. While traditional retirement funds are essential components of retirement planning, they may not always be sufficient to ensure a comfortable retirement. This is where unit trusts come into play, offering a strategic opportunity to set you up for the future or supplement your existing retirement scheme.

In this article, we explore how investing in a unit trust can be a strategic addition to an existing retirement scheme for those who are formally employed. For the self-employed and employees on contracts, it presents a compelling alternative to traditional retirement savings options. We explore how unit trusts can provide both diversification benefits and growth potential, enhancing financial security for those looking to secure their future, regardless of employment status.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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